Welton Meiningen
| Welton Meiningen | |
|---|---|
| legal form | Corporation |
| founding | 1860 |
| resolution | 1991 |
| Reason for dissolution | insolvency |
| Seat | Meiningen |
| Number of employees | up to 600 |
| Branch | textiles |
Welton Meiningen was 1860 when Mr. Wäschefabrik M. Frank in Meiningen founded. The company was located near Elisabethenburg Castle on Ernestinerstraße.
Before the First World War , the factory came into the possession of the Jewish merchants Max Goldschmidt and Julius Grünstein. After Grünstein left, Goldschmidt continued to run the company on his own until 1937. Since the mid-1930s, uniforms for Nazi groups and from 1939 underwear for the Wehrmacht were produced to a greater extent . In 1937/38 the previous authorized signatory and co-partner (since 1928) Erich Deipser (1887–1943) took over the shares from Max Goldschmidt and thus the management of the company now trading as "Welton Herrenwäschefabrik Erich Deipser". With a deposit of 350,000 Reichsmarks , Prince Georg von Sachsen-Meiningen also became a silent partner in the company, which had grown to 275 employees in 1938. After Erich Deipser's death in 1943, his wife Meta initially continued the company. After 1946 Welton was placed under Sequester and expropriated in 1948 . The production of the company now operating under the name VEB Welton Meiningen specialized in men's shirts. In 1985 a new building was erected in Werrastrasse (today Werra-Center). The workforce rose to 600, mostly women. In 1991 the company had to file for bankruptcy because it had not succeeded in attracting new investors and opening up sales markets.
source
- Meiningen Board of Trustees: Stadtlexikon Meiningen , Bielsteinverlag Meiningen 2008. ISBN 978-3-9809504-4-2
